Report

Global Portable Ultrasound Market Size study & Forecast, by Type (Built-in-console, Touchscreen) by End-user (Hospitals, Clinics) and Regional Analysis, 2022-2029

  • Publish Date: Feb,2023
  • Report ID: 3-2-1436
  • Page : 200
  • Report Type : PDF (Email)
Global Portable Ultrasound Market is valued at approximately USD 2.32 billion in 2021 and is anticipated to grow with a healthy growth rate of more than 13.6% over the forecast period 2022-2029. Portable ultrasound is a modality of medical ultrasonography that uses small and light devices, instead of console-style ultrasound machines. Portable ultrasound devices are highly adopted because of they are easy to access ultrasound in a limited space. It is gaining high traction in a variety of applications such as critical care medicine, musculoskeletal, and emergency medicine. Factors such as growing incorporation of advanced technologies in these systems, the rising adoption of these systems in emergency departments, coupled with the increasing incidences of various ailments such as cardiovascular diseases and cancer are driving the global market growth.

The surging demand for various diagnostic imaging devices across the healthcare sector is exhibiting a positive influence on the growth of the market. According to Statista, in 2021 the global diagnostic imaging devices segment generated revenue of around USD 42.44 billion, which is projected to reach USD 58.27 billion by 2027. Thereby, the high demand for diagnostic imaging devices is directly stipulating the demand for a portable ultrasound for precise medical imaging of numerous serious diseases or disorders. Furthermore, the rising number of product introductions, as well as growing investments in healthcare infrastructure by the government and private sector are presenting various lucrative opportunities over the forecasting years. However, the high cost of portable ultrasound systems and concerns associated with regulatory overhaul are hampering the market growth throughout the forecast period of 2022-2029.

The key regions considered for the Global Portable Ultrasound Market study include Asia Pacific, North America, Europe, Latin America, and the Rest of the World. North America dominated the market in terms of revenue, owing to the surging adoption of the technologically advanced portable ultrasound, along with the presence of advanced health infrastructure. Whereas, the Asia Pacific is expected to grow with the highest CAGR during the forecast period, owing to factors such as the surging demand for effective medical imaging, rising prevalence of diseases and infections, as well as increasing focus on the development of innovative products in the market space.

Major market players included in this report are:

GE Healthcare

Koninklijke Philips N.V.

FUJIFILM Sonosite, Inc.

ALPINION MEDICAL SYSTEMS Co., Ltd.

Hitachi Ltd.

Shenzhen Mindray Bio-Medical Electronics Co., Ltd.

EDAN Instruments

Terason Corporation

CHISON Medical Technologies

Healcerion

Recent Developments in the Market:

In March 2021, G.E. Healthcare declared the introduction of Vscan Air- a wireless compact ultrasound that offers crystal clear image quality and whole-body scanning capabilities.
In August 2020, PulseNmore unveiled that the company launched of the tele-ultrasound device to lessen prenatal office visits during the pandemic, along with to helps pregnant women carry out their at-home ultrasound scans and restrictive trips to clinics or hospitals. Also, the company entered into a strategic agreement with Clalit Health Services to present tens of thousands of its pregnant members with PulseNmore's product.
Global Portable Ultrasound Market Report Scope:

Historical Data: 2019-2020-2021

Base Year for Estimation: 2021

Forecast period: 2022-2029

Report Coverage: Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends

Segments Covered: Type, End-user, Region

Regional Scope: North America; Europe; Asia Pacific; Latin America; Rest of the World

Customization Scope: Free report customization (equivalent up to 8 analyst's working hours) with purchase. Addition or alteration to country, regional & segment scope*

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.

The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Type:

Built-in-console

Touchscreen

By End-user:

Hospitals

Clinics

By Region:

North America

U.S.

Canada

Europe

UK

Germany

France

Spain

Italy

ROE

Asia Pacific

China

India

Japan

Australia

South Korea

RoAPAC

Latin America

Brazil

Mexico

RoLA

Rest of the World